Question
If the RoI of a firm is 12% and the interest on
borrowings paid by the firm is 10%, the financial leverage of the firm will be:Solution
If ROI (Return on Investment) of the firm is greater than cost of borrowing then it is favourable to the firm. Had it been opposite, firm should not have borrowed the money and made investments.
The 'Insured's Declaration' form typically includes information about:
Which feature is not allowed in the Indian insurance market?
Which principle specifies an insured should not collect more than the actual cash value of a loss?
What is NOT an element of an insurance contract?
The part of the policy that is specific to each insured individual is:
What is the abbreviation of GAAR?
Name the first General Insurance Company in India?
Which of the following committees recommended the introduction of the Rural Postal Life Insurance?
Which of the following situation occurs when one party in a negotiation has relevant information the other party lacks.
A 'Cover Note' in motor insurance is:
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